Lead IT Auditor (Infrastructure & Cyber Security)

Location
UK-ENG-London
Salary
Competitive
Posted
14 Jun 2019
Closes
19 Jul 2019
Ref
001418
Clearance Level
None / Undisclosed
Job Type
Permanent
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.

The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

Internal Audit (IA) evaluates the design and effectiveness of the governance, internal controls and risk management processes that exist across the entire Bank. We do this to provide Court and Executive Management with assurance over the control environment in the Bank.

Each year, we present an annual audit plan to ARCo that sets out the audits we will complete during the year. As well as doing the audits in the annual audit plan, we engage in continuous monitoring, provide input to Bankwide projects and complete unplanned work. Based on our audit work, we make cost-effective recommendations to management that are designed to improve the Bank's control environment.

Internal Audit reports directly to the Audit and Risk Committee. IA works in relationship with its external auditors, European banks and the Treasury. Three layers of review ensure that the highest standards are achieved and maintained: external review, internal quality assurance review and individual assignment review.

Department Overview

Bank of England Internal Audit has approximately 26 professional staff and is currently looking for a Lead IT Auditor. Reporting to the IT Audit Manager, the role offers a unique insight into a wide range of complex and often high profile activities.
Internal Audit (IA) evaluates the design and effectiveness of the governance, internal controls and risk management processes that exist across the entire Bank. We do this to provide Court and Executive Management with assurance over the control environment in the Bank.

Each year, we present an annual audit plan to ARCo that sets out the audits we will complete during the year. As well as doing the audits in the annual audit plan, we engage in continuous monitoring, provide input to Bankwide projects and complete unplanned work. Based on our audit work, we make cost-effective recommendations to management that are designed to improve the Bank's control environment.

Internal Audit reports directly to the Audit and Risk Committee. IA works in relationship with its external auditors, European banks and the Treasury. Three layers of review ensure that the highest standards are achieved and maintained: external review, internal quality assurance review and individual assignment review.

Job description

With limited supervision from an IT Audit Manager, the jobholder will be required to develop relationships with management and staff in the IT as well as business areas; develop a deep understanding of the business areas; and plan and perform audits in the IT and other areas of the Bank. The ability and desire to drive positive change is central to our remit and successful candidates will be passionate about making a real difference to the Bank's controls and business processes.

You will be expected to:
  • Understand the Bank and its evolving role in the UK financial system.
  • Leverage this understanding to identify the risks facing the Bank and to inform the planning of specific audits.
  • Investigate the effectiveness of controls as well as behaviour and culture as appropriate. Lead and ensure completion of all audit work within allocated time and budgets with minimal oversight from the IT Audit Manager.
  • Draw and articulate well formulated conclusions and cost-effective recommendations.
  • Inspire and foster change throughout the Bank.
  • Liaise with the business and IT management in tracking progress in addressing audit recommendations and confirming their closure.
  • Contribute to the development of departmental standards and audit methodology.
Role Requirements

Minimum (Essential) Criteria
  • IT audit experience
  • Relevant qualification to include ACA, CISA, ITIL, CISSP, CISM
  • Strong technical knowledge and experience of reviewing both application level, general IT controls and infrastructure related areas (databases, operating systems, cyber related controls etc).
  • Good working knowledge of industry best practices (e.g. COBIT, ITIL, ISO 27001/2, NIST).
  • Enthusiastic, committed and able to drive positive change through the performance of well thought out, thorough audit work.
  • Ability to push back and challenge the status quo where appropriate.
  • Ability to identify, recommend and drive through practical, cost effective control improvements.
  • Excellent communication skills, including the ability to openly express views and opinions.
  • Comfortable building business relationships and liaising with senior management and external stakeholders.
  • Excellent writing skills, including the ability to explain highly technical audit findings in a straight-forward manner to senior stakeholders not familiar with the technical detail.
  • Able to work co-operatively and effectively in a team environment.
  • Excellent attention to detail, ensuring that own and other outputs are accurate and supportable the first time.
  • Able to juggle multiple priorities and deliver within pre-agreed deadlines.


We anonymise applications so hiring managers will not be able to see your personal information such as name and address when reviewing your submission, including your CV. Please fully complete the application form questions as requested because incomplete submissions may not be reviewed.

We continue to build an inclusive culture where everyone can be their whole selves and produce their best work. Our focus on inclusion is intended to build greater diversity in order to reflect the society we serve and be an employer of choice.

The Bank of England is committed to diversity and equal opportunities.

The closing date for applications is 19 July 2019.

Please apply online, ensuring that you answer the application questions and submit your CV.

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